Question

As part of the New Deal, the Securities and

Exchange Commission (SEC) and the Federal
Deposit Insurance Corporation (FDIC) were
created to
(1) allow for a quick recovery of stock prices
(2) provide direct loans to businesses
(3) protect individual investors from stock fraud
and bank failure
(4) allow banks and companies to invest in the
stock market

Answer 1

As part of the New Deal, the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) were created to protect individual investors from stock fraud and bank failure.